7795 Chang Guang Announces Shareholder Approval to Lift Directors' Non-Compete Restrictions
Key facts
- 7795 Chang Guang Announces Shareholder Approval to Lift Directors' Non-Compete Restrictions
- Chang Guang (7795) announced that its 2026 annual general meeting approved the lifting of non-compete restrictions for certain directors. The resolution applies to directors representing Eternal Materials and Wanrun Technology, with no expected impact on the company's financial or operational performance.
- Source: PR Times
- Date: June 25, 2026
Direct answer
Chang Guang (7795) announced that its 2026 annual general meeting approved the lifting of non-compete restrictions for certain directors. The resolution applies to directors representing Eternal Materials and Wanrun Technology, with no expected impact on the company's financial or operational performance.
- Citation
- 7795 Chang Guang Announces Shareholder Approval to Lift Directors' Non-Compete Restrictions (June 25, 2026), PR Times
- Source
- PR Times
- Date
- June 25, 2026
Chang Guang (7795) announced that its 2026 annual general meeting approved the lifting of non-compete restrictions for certain directors. The resolution applies to directors representing Eternal Materials and Wanrun Technology, with no expected impact on the company's financial or operational performance.
📋 Article Processing Timeline
- 📰 Published: June 25, 2026 at 09:00
- 🔍 Collected: June 25, 2026 at 16:19 (7h 19m after Published)
- 🤖 AI Analyzed: June 25, 2026 at 16:21 (2 min after Collected)
Release Date: June 25, 2026
Statement Date: June 24, 2026
Statement Time: 15:19:52
Company Code: 7795
Company Name: Chang Guang
Subject: Announcement of Shareholder Approval to Lift Directors' Non-Compete Obligations at 2026 Annual General Meeting
Applicable Clause: Item 21
Event Date: June 24, 2026
Details:
1. Shareholder Meeting Resolution Date: 06/24/2026
2. Directors Permitted to Engage in Competitive Activities (Name and Title):
(1) Chairman: Liao Heng-Ning, Representative Director of Eternal Materials Industrial Co., Ltd.
(2) Director: Sun Wei-Jie, Representative Director of Eternal Materials Industrial Co., Ltd.
(3) Director: Lu Jing-Lai, Representative Director of Wanrun Technology Co., Ltd.
3. Approved Competitive Activities:
(1) Chairman: Liao Heng-Ning
- Eternal Materials Industrial Co., Ltd.: Director & General Manager
- Eternal (China) Investment Co., Ltd.: Director
- Eternal Materials Singapore Pte. Ltd.: Director
(2) Director: Sun Wei-Jie
- Eternal Materials Industrial Co., Ltd., Electronic Materials Division: Chief Operating Officer
- Eternal (Guangzhou) Optoelectronic Materials Co., Ltd.: Chairman
- Eternal Optoelectronic Materials Industry (Yingkou) Co., Ltd.: Chairman
- Eternal Electronics (Suzhou) Co., Ltd.: Chairman
- Eternal Technology Corporation: Chairman
- Eternal Electronic Materials (Thailand) Co., Ltd.: Chairman
- Eternal Materials (Malaysia) Sdn. Bhd.: Director
- Gaoxin PETFilm Investment Co., Ltd.: Supervisor
(3) Director: Lu Jing-Lai
- Fenghuang 7 Innovation & Entrepreneurship Investment Co., Ltd.: Director
- Fenghuang 10 Innovation & Entrepreneurship Investment Co., Ltd.: Director
- Beike Zhixing 2 Venture Capital Co., Ltd.: Director
- All Ring Tech Malaysia Sdn. Bhd.: Director
4. Duration of Permitted Competitive Activities: Throughout their tenure as directors of Chang Guang.
5. Voting Outcome (Pursuant to Article 209 of the Company Act):
This proposal was approved with over two-thirds of issued shares represented, and a majority of voting rights from attending shareholders.
6. Directors Engaging in Competitive Activities in Mainland China-Based Enterprises (Enter "Not Applicable" if none):
(1) Chairman: Liao Heng-Ning
(2) Director: Sun Wei-Jie
7. Mainland China-Based Companies and Positions Held:
(1) Liao Heng-Ning
- Eternal (China) Investment Co., Ltd.: Director
(2) Sun Wei-Jie
- Eternal (Guangzhou) Optoelectronic Materials Co., Ltd.: Chairman
- Eternal Optoelectronic Materials Industry (Yingkou) Co., Ltd.: Chairman
- Eternal Electronics (Suzhou) Co., Ltd.: Chairman
8. Addresses of Mainland China-Based Enterprises:
(1) Eternal (China) Investment Co., Ltd.: No. 1397 Yishan Road, Xuhui District, Shanghai
(2) Eternal (Guangzhou) Optoelectronic Materials Co., Ltd.: No. 8 Ruihe Road, Science City, Guangzhou High-Tech Industrial Development Zone, Guangdong Province
(3) Eternal Optoelectronic Materials Industry (Yingkou) Co., Ltd.: No. 102 Xin Hai Avenue, Coastal Industrial Base, Yingkou City, Liaoning Province
(4) Eternal Electronics (Suzhou) Co., Ltd.: No. 2 Huaqiao Road, Hushuguan Town, Suzhou New District, Jiangsu Province
9. Business Activities of Mainland China-Based Enterprises:
(1) Eternal (China) Investment Co., Ltd.: Circuit boards, investment, and consulting services
(2) Eternal (Guangzhou) Optoelectronic Materials Co., Ltd.: Dry film photoresist
(3) Eternal Optoelectronic Materials Industry (Yingkou) Co., Ltd.: Dry film photoresist
(4) Eternal Electronics (Suzhou) Co., Ltd.: Dry film photoresist
10. Impact on Company's Financial and Business Operations: None
11. Directors' Investment Amount and Shareholding Ratio in Mainland China-Based Enterprises: None
12. Other Disclosures: None
Statement Date: June 24, 2026
Statement Time: 15:19:52
Company Code: 7795
Company Name: Chang Guang
Subject: Announcement of Shareholder Approval to Lift Directors' Non-Compete Obligations at 2026 Annual General Meeting
Applicable Clause: Item 21
Event Date: June 24, 2026
Details:
1. Shareholder Meeting Resolution Date: 06/24/2026
2. Directors Permitted to Engage in Competitive Activities (Name and Title):
(1) Chairman: Liao Heng-Ning, Representative Director of Eternal Materials Industrial Co., Ltd.
(2) Director: Sun Wei-Jie, Representative Director of Eternal Materials Industrial Co., Ltd.
(3) Director: Lu Jing-Lai, Representative Director of Wanrun Technology Co., Ltd.
3. Approved Competitive Activities:
(1) Chairman: Liao Heng-Ning
- Eternal Materials Industrial Co., Ltd.: Director & General Manager
- Eternal (China) Investment Co., Ltd.: Director
- Eternal Materials Singapore Pte. Ltd.: Director
(2) Director: Sun Wei-Jie
- Eternal Materials Industrial Co., Ltd., Electronic Materials Division: Chief Operating Officer
- Eternal (Guangzhou) Optoelectronic Materials Co., Ltd.: Chairman
- Eternal Optoelectronic Materials Industry (Yingkou) Co., Ltd.: Chairman
- Eternal Electronics (Suzhou) Co., Ltd.: Chairman
- Eternal Technology Corporation: Chairman
- Eternal Electronic Materials (Thailand) Co., Ltd.: Chairman
- Eternal Materials (Malaysia) Sdn. Bhd.: Director
- Gaoxin PETFilm Investment Co., Ltd.: Supervisor
(3) Director: Lu Jing-Lai
- Fenghuang 7 Innovation & Entrepreneurship Investment Co., Ltd.: Director
- Fenghuang 10 Innovation & Entrepreneurship Investment Co., Ltd.: Director
- Beike Zhixing 2 Venture Capital Co., Ltd.: Director
- All Ring Tech Malaysia Sdn. Bhd.: Director
4. Duration of Permitted Competitive Activities: Throughout their tenure as directors of Chang Guang.
5. Voting Outcome (Pursuant to Article 209 of the Company Act):
This proposal was approved with over two-thirds of issued shares represented, and a majority of voting rights from attending shareholders.
6. Directors Engaging in Competitive Activities in Mainland China-Based Enterprises (Enter "Not Applicable" if none):
(1) Chairman: Liao Heng-Ning
(2) Director: Sun Wei-Jie
7. Mainland China-Based Companies and Positions Held:
(1) Liao Heng-Ning
- Eternal (China) Investment Co., Ltd.: Director
(2) Sun Wei-Jie
- Eternal (Guangzhou) Optoelectronic Materials Co., Ltd.: Chairman
- Eternal Optoelectronic Materials Industry (Yingkou) Co., Ltd.: Chairman
- Eternal Electronics (Suzhou) Co., Ltd.: Chairman
8. Addresses of Mainland China-Based Enterprises:
(1) Eternal (China) Investment Co., Ltd.: No. 1397 Yishan Road, Xuhui District, Shanghai
(2) Eternal (Guangzhou) Optoelectronic Materials Co., Ltd.: No. 8 Ruihe Road, Science City, Guangzhou High-Tech Industrial Development Zone, Guangdong Province
(3) Eternal Optoelectronic Materials Industry (Yingkou) Co., Ltd.: No. 102 Xin Hai Avenue, Coastal Industrial Base, Yingkou City, Liaoning Province
(4) Eternal Electronics (Suzhou) Co., Ltd.: No. 2 Huaqiao Road, Hushuguan Town, Suzhou New District, Jiangsu Province
9. Business Activities of Mainland China-Based Enterprises:
(1) Eternal (China) Investment Co., Ltd.: Circuit boards, investment, and consulting services
(2) Eternal (Guangzhou) Optoelectronic Materials Co., Ltd.: Dry film photoresist
(3) Eternal Optoelectronic Materials Industry (Yingkou) Co., Ltd.: Dry film photoresist
(4) Eternal Electronics (Suzhou) Co., Ltd.: Dry film photoresist
10. Impact on Company's Financial and Business Operations: None
11. Directors' Investment Amount and Shareholding Ratio in Mainland China-Based Enterprises: None
12. Other Disclosures: None
FAQ
What was approved at Chang Guang's shareholder meeting?
The resolution lifted non-compete restrictions for directors representing Eternal Materials and Wanrun Technology.
Which directors are allowed to engage in competitive activities?
Liao Heng-Ning, Sun Wei-Jie (both from Eternal Materials), and Lu Jing-Lai (from Wanrun Technology).
How long does the permission last?
The permission applies throughout their tenure as directors of Chang Guang.
Are they involved in mainland China businesses?
Yes, Liao and Sun hold positions in mainland China subsidiaries, but no financial impact is expected.
What is the financial impact of this decision?
Chang Guang states there is no impact on its financial or business operations.